Looking Into Ross Stores's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Ross Stores's (NYSE:ROST) short percent of float has fallen 5.98% since its last report, with 3.14 million shares sold short, which is 1.1% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Ross Stores's short interest as a percentage of float is lower than its peer group average of 14.80%.
September 05, 2023 | 3:15 pm
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Decrease in short interest could indicate a more bullish sentiment towards Ross Stores.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish, which could potentially lead to an increase in the stock's price.
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